canceling $50,000 of student loan debt is the single most effective Executive action available to get our economy going and to make progress toward closing the racial wealth gap

You can't look at decades of growing productivity, with workers getting a smaller and smaller share of the profits they create, and think the economy looks fair.

If we want a fair and just society, with a growing middle class that everyone has the opportunity to join, we have to stop letting Wall Street run the economy.

Wall Street's 2008 crisis cost the economy tens of trillions of dollars and destroyed 53 percent of Black wealth in the country.

We have allowed a system to take root that treats American workers as a commodity, a cost to be minimized--instead of the engine behind all our businesses' success.

You can't look at a racial wealth and income gap that has barely budged since we passed the Civil Rights Act, and think the economy looks just, or that we all have equal opportunity.

We cannot rely on quarterly earnings reports to tell us whether workers deserve a decent living.

If anything, if we think about fancy schools...debt loads are among the smallest among those graduates from those schools.

But this zero-sum view of the economy hurts everyone.

Well, as you know, Leader Schumer and I have a plan to cancel $50,000 in student loan debt.

About 43 million Americans now carry $1.5 trillion in student loans. That is more than Americans owe in auto loans or credit card loans, and that burden of debt is stopping people from buying homes or starting businesses.